|3 Months Ended|
Mar. 31, 2016
|Subsequent Events [Abstract]|
In April 2016, the Company entered into fixed price swaps for the period November 2017 through March 2018, for 50,000 MMBtu of natural gas per day at a weighted average price of $3.17 per MMBtu. The Company's fixed price swap contracts are tied to the commodity prices on NYMEX. The Company will receive the fixed price amount stated in the contract and pay to its counterparty the current market price as listed on NYMEX for natural gas.
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.
No definition available.